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H.R. 7128: TRIA Program Reauthorization Act of 2026

119th Congress · introduced 2026-01-16 · Finance and Financial Sector · Latest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

federal

What does this mean?

Official title

TRIA Program Reauthorization Act of 2026

Plain summary

TRIA Program Reauthorization Act of 2026 This bill reauthorizes the Terrorism Risk Insurance Program through 2034. The program covers a portion of the losses incurred by private insurers for property and casualty insurance coverage for terrorism risk. The bill also increases the amount of property and casualty insurance losses required for certification under the program beginning in 2029 and provides statutory authority for Department of the Treasury public notification requirements regarding the determination process for whether an act qualifies as an act of terrorism under this program.

Congressional Research Service summary (Reported to House), quoted unchanged (nonpartisan). Read the source.

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A “Nay” vote

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PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

TRIA Program Reauthorization Act of 2026

Source: Congressional Research Service summary (Reported to House)

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Officials and money

Sponsor: Rep. Flood, Mike [R-NE-1] · 4 cosponsors

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Recorded votes

Words on this page, explained (2)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Statute
A written law passed by a legislature. A statute can be changed by a later law; changing a constitution needs an amendment.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong119-hr7128 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills